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Dogecoin co-founder jokes US should buy $1.2T DOGE instead of issuing stimulus checks

Market News
12 Sep 2026
Zycrypto
View Source
Neutral
Dogecoin co-founder jokes US should buy $1.2T DOGE instead of issuing stimulus checks

Dogecoin co-founder Billy Markus humorously suggested the U.S. government spend $1.2 trillion buying Dogecoin and distributing it to Americans, instead of issuing $5,000 stimulus checks. This idea came amid discussions of stimulus payments by President Trump, but economists warn such payments could fuel inflation rather than boost purchasing power. Markus's proposal is largely a joke, as buying $1.2 trillion worth of Dogecoin would be impractical given its market size and likely cause a massive price surge. Currently, Dogecoin's market cap is about $13.2 billion, making the proposed purchase more than 90 times its value. The U.S. government has created a Strategic Bitcoin Reserve but holds no official Dogecoin assets.

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